$60,000
SOLD APR 9, 2015

1315-1317 N 9th St Quincy, IL 62301

4 Beds
4 Baths
2,650 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$23 Per Sq Ft

2% Below List Price

25 Days on Market

About This Home

As of January 2020

$1025 gross monthly income. Tenant pays all utilities including water. Each unit offers two bedrooms, full bathroom, 1/2 bathroom, living room, dining room, & kitchen; with 1315 having two additional bonus rooms currently being utilized as a family room & storage room. Each unit also offers washer & dryer hookups. 1315 has been completely renovated less than 5 years ago. 1317 has had minor renovations throughout that last 2 years. Large back covered patio has had a new tin roofing recently installed. At list price, & with full occupancy this magnificent income property supports a 20% gross yearly rate of return. There is a garage located at the alley, however, it is in very poor condition & should be demolished; which could supply of street private parking., Stove included, Refrigerator included

Last Agent to Sell the Property

Joe Zanger

Zanger & Associates, Inc., REALTORS License #475128143 Listed on: 02/13/2015

Last Buyer's Agent

Sandy Loos

Zanger & Associates, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,210

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 40x188.8

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Schools

  • Washington Elementary School
  • Quincy High School

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,210

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Legal Description: BLK 8 JC COX SURVEY-EX W 10FT-BEG 158FT S NE COR 40FT N & SX 198.5FT E & W BLK 8
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0

Exterior Features

  • List Price: 61500

Schools

  • Elementary School: (FORMER) WASHINGTON
  • High School: QUINCY

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 40X188.8
  • Zoning: SINGL

Rental Info

  • Board Number: 27

Tax Info

  • Tax Annual Amount: 1210
  • Tax Year: 2013

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Jan 17, 2020
Sold by
Surface Robert T
Bought by
Slough Scott and Slough Diane
Seller's Agent
Rick Davis
Davis & Associates Inc., REALTORS
Buyer's Agent
Mel Couch
Farlow Real Estate Experts, Inc.
List Price
$49,900
Sold Price
$46,500
Premium/Discount to List
-$3,400
-6.81%
Current Estimated Value
$81,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,677
Avg. Annual Appreciation
9.08%
Original Mortgage
$59,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Administrators Deed $46,500 Adams County Abstract
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $59,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $46,500 -6.8% $18 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $49,900 -16.8% $19 / Sq Ft
04/09/2015 04/09/15 Sold $60,000 -2.4% $23 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $61,500 +23.0% $23 / Sq Ft
07/25/2013 07/25/13 Sold $50,000 -28.5% $19 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
10/20/2011 10/20/11 For Sale $69,900 -- $26 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,214 $18,620 $2,400 $16,220
2023 $1,143 $17,280 $2,230 $15,050
2022 $1,081 $16,130 $2,080 $14,050
2021 $1,089 $15,810 $2,040 $13,770
2020 $1,069 $15,500 $2,000 $13,500
2019 $1,437 $21,010 $1,860 $19,150
2018 $1,425 $20,600 $1,820 $18,780
2017 $1,390 $20,390 $1,800 $18,590
2016 $1,364 $19,560 $1,730 $17,830
2015 $1,108,680 $16,560 $1,730 $14,830
2012 $1,190 $17,180 $1,670 $15,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12245277

Midwest Real Estate Data (MRED)

APN: 23-4-1630-000-00